Business
Autodesk says losing quarter was expected
Autodesk chairman and CEO Carol Bartz said Friday that the company achieved its objectives this quarter and met expectations. The company reported net revenues of $119 million and a net loss of $53 million.
Autodesk chairman and CEO Carol Bartz said Friday that the company achieved its objectives this quarter and met expectations. The company reported net revenues of $119 million and a net loss of $53 million. The loss resulted from a one-time charge of $58 million for acquisition costs, including the acquisition of software developer Softdesk, Inc.